16 Boulevard Royal – L-2449 Luxembourg
Monday to Friday
8 am to 5 pm

Legal information

You are connected to the website of
BLI - Banque de Luxembourg Investments
16, boulevard Royal
L-2449 Luxembourg

a public limited company under Luxembourg law listed in the Luxembourg Trade and Companies Register (registration no. B 80479)
Social security registration no.: 2001 22 01 673, VAT registration no: LU 187 161 83, BIC (Bank Identifier Code) : BLUXLULL

Authorised pursuant to article 15 of the law of 17 December 2010 on undertakings for collective investments by the Commission de Surveillance du Secteur Financier (hereinafter the "CSSF") as an asset management company, under number S 645

and subject to the supervision of the CSSF
283, route d'Arlon L-1150 Luxembourg
Telephone: (+352) 26 25 1 - 1 (central)
Fax: (+352) 26 25 1 - 26 01

Content manager: BLI - Banque de Luxembourg Investments
Webhost: Banque de Luxembourg

Purpose of the website

The aim of this website is to present BLI - Banque de Luxembourg Investments and its activities. It should not be considered as constituting a permanent establishment or effective cross-border provision of services outside the Grand Duchy of Luxembourg.

Access and use of the website

Any person in any jurisdiction whose nationality, country of residence or other legal reason prevents them from accessing the websites of foreign management companies must refrain from consulting this website. BLI - Banque de Luxembourg Investments  declines all responsibility for such persons and invites all users to check prior to using the website that no regulations prevent or restrict them from using the site that BLI - Banque de Luxembourg Investments has put at their disposal.

This website targets institutional investors, who may or may not be clients of BLI - Banque de Luxembourg Investments. The services presented on this website are however strictly reserved for clients of BLI - Banque de Luxembourg Investments.

To invest in investment funds of Banque de Luxembourg described on this website, the investor should contact Banque de Luxembourg, the custodian bank, European Fund administration (EFA), sub-delegate for Central Administration services, or the usual platforms of the countries in which the funds are distributed.

BL is a "SICAV" (Investment Company with variable share capital) governed by Luxembourg law and promoted by Banque de Luxembourg. The sub-funds of BL SICAV are registered for distribution in Luxembourg, Belgium, France, Germany, Austria, Switzerland, Netherlands, Spain, Italy, Denmark, Sweden, Finland, Norway, United Kingdom and Singapore, with the exception of BL-Short Term Euro and BL-Short Term Dollar, which are not registered for distribution in Switzerland, Spain, Denmark or Finland. The sub-funds of the BL Fund Selection SICAV are registered for distribution in Luxembourg, France, Belgium, Germany, Austria, Netherlands, Spain, Sweden and Singapore.

Users are reminded that secrecy with regard to communication over the internet is not guaranteed and that they must take appropriate steps to ensure that their data and/or software are protected from viruses.

BLI - Banque de Luxembourg Investments will use all reasonable efforts to keep this website operational at all times. However, BLI - Banque de Luxembourg Investments cannot guarantee that this website and all of its features will be permanently available.

Access to this website shall be considered to have taken place at the registered office of BLI - Banque de Luxembourg Investments at the date and time shown on the BLI - Banque de Luxembourg Investments server, with the connections log serving as proof of these.

Applicable law and competent jurisdictions

This website, as well as relations and transactions pertaining to it, is governed by Luxembourg law, in particular the Law of 14 August 2000 on electronic commerce*. The content of the website is in accordance with the recommendations of the CSSF study "Les services financiers par Internet" (Financial Services Provision on the Internet) published in December 2001. BLI - Banque de Luxembourg Investments undertakes to comply with Luxembourg laws and regulations applicable to the use of a website.

Any litigation with respect to the current website shall be submitted to the exclusive jurisdiction of the district court in and of Luxembourg (Tribunal d'Arrondissement de et à Luxembourg, Grand-Duché de Luxembourg). Any complaints may also be lodged with the CSSF.

Website content

The information published on this website shall be considered as "commercial communication" within the meaning of the law of 14 August 2000 on electronic commerce. By accessing this website, users accept in advance any communication of a commercial nature that they receive from BLI - Banque de Luxembourg Investments via this website or by electronic mail.

This website contains information made available by external companies or hypertext links to other sites that have not been developed by BLI - Banque de Luxembourg Investments. The existence of links from BLI - Banque de Luxembourg Investments' website to another website shall not constitute an approval, nor shall they serve as guarantee of the content or the ownership of this other website.

The financial and economic information and views published on the website are for information purposes only based on information known on the day of its publication; under no circumstances shall it constitute an offer for products or a recommendation or encouragement to invest nor can it be interpreted as investment, legal or tax advice. Such information must be used with the greatest caution. BLI - Banque de Luxembourg Investments provides no guarantee as to the accuracy, reliability, validity or completeness of this information.

Potential investors must ensure that they understand the risks of investing in such products and should not take an investment decision until they have given careful consideration, together with their professional advisers, to the appropriateness of such products to their specific financial situation, particularly with regard to legal, tax and accounting aspects. References to past performances of financial instruments should not be interpreted as a guarantee of future returns. Subscriptions to fund units will only be accepted on the basis of the latest prospectus, latest Key Information Document (KID) respectively Key Investor Information Document (KIID) and the most recent annual report, or the latest half-year report if this postdates the most recent annual report.

BLI - Banque de Luxembourg Investments reserves the right to change the content of the site or restrict its access, whenever such actions are deemed suitable.

Hypertext links

Hypertext links may be set up with the current website subject to the express prior agreement of BLI - Banque de Luxembourg Investments. The hypertext links provided on the website are provided for information and convenience purposes only.

BLI - Banque de Luxembourg Investments shall not be liable for hypertext links to other websites accessed from this website nor shall it be liable for the content of such websites.


Summary of Investor's rights


Personal data



Cookies policy


Any reproduction or representation, in whole or in part, of the pages, data and any other element making up the website, by whatever process or tool, without the express prior permission of BLI - Banque de Luxembourg Investments constitutes an infringement of copyright.


Access to the website is free with the exception of the costs of internet access (internet providers and telephone communication), which are billed directly to the client by the operator.

Policy on exercising voting rights

As a management company subject to the chapter 15 of the Law of 2010 on UCIs, BLI has implemented an adequate and effective strategy for determining when and how voting rights attached to the portfolio securities held by its UCITS are exercised for the sole benefit of the UCITS and the share/unitholders.

The strategy referred to above sets forth the measures and procedures established by BLI in the following areas:

  • monitoring relevant corporate events;
  • ensuring that the exercise of voting rights is in accordance with the investment objectives and policy of the relevant UCITS managed by BLI; and
  • preventing or managing any conflicts of interest arising from the exercise of voting rights.

For each UCITS managed by BLI, it has appointed a specialised service provider (the “Proxy Voting Advisor”) in charge of (i) the provision of voting recommendations, and (ii) the execution of such decisions.

In accordance with its internal policies and procedures, BLI has established monitoring processes in order to control the activities of the Proxy Voting Advisor.

Details of the voting right policy of BLI are available upon request.

The policy on exercising voting rights linked to instruments held in portfolios managed by BLI - Banque de Luxembourg Investments is available free of charge for investors and on request:

by e-mail to,
by fax (+352) 26 26 99-3333, or

by post to:
BLI - Banque de Luxembourg Investments
16, boulevard Royal
L-2449 Luxembourg

Remuneration policy

The remuneration policy of BLI - Banque de Luxembourg Investments is aligned with that in force within its parent company, Banque de Luxembourg. This policy complies with the regulatory provisions and the values with which BLI - Banque de Luxembourg Investments is identified in the long term.

BLI - Banque de Luxembourg Investments respects an appropriate balance between the fixed and variable components of its employees' total remuneration. The fixed component represents a sufficiently major proportion of the total remuneration so that the policy can be exercised with complete freedom regarding the variable components, especially the option not to pay any variable component. BLI - Banque de Luxembourg Investments reserves the right to revoke any variable remuneration award if it is found to have been granted under conditions of misconduct. In such cases, BLI - Banque de Luxembourg Investments may demand the reimbursement of all or part of the amount allocated, up to three years after its payment.

The development of employees' remuneration is based on their accumulated experience and the assumption of new responsibilities, but also to an annual assessment of each employee by the management. It is based on qualitative rather than quantitative criteria. Where quantitative criteria are taken into account, they are expressed and assessed more in relation to the achievement of collective targets. In no case is the amount of the bonus correlated with the financial performance of an employee.

In accordance with Article 5 of the Regulation (EU) 2019/2088 of the European Parliament and the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector, the remuneration policy of BLI - Banque de Luxembourg Investments includes consideration of sustainability risks.

In concrete terms, BLI - Banque de Luxembourg Investments considers that the transition to a balanced and sustainable economy is an integral part of its objectives and that each employee has an active role to play. As sustainability factors are integrated in the qualitative assessment criteria of the remuneration in the same way as the other relevant criteria, each employee actively participates in the achievement of BLI - Banque de Luxembourg Investments' sustainability objectives.

Details of the updated remuneration policy, including in particular a description of how remuneration and benefits are calculated, the identity of the persons responsible for awarding remuneration and benefits, the composition of the remuneration committee and the integration of sustainability factors, are available free of charge upon request by investors:

by e-mail to the address:
by fax to the number: (+352) 26 26 99-3333

by mail to the following address:
BLI - Banque de Luxembourg Investments
16, boulevard Royal
L-2449 Luxembourg

Not happy with our services? Contact us

We attach particular importance to our clients' satisfaction and the protection of their interests.

In this regard, we have established a quick and simple procedure to enable you to make a complaint to our company.

Complaints may be made in English, French, German or Luxembourgish:

by email to,
by fax to (+352) 26 26 99-3333,
FAO Head of Complaints Handling or

by post to
BLI - Banque de Luxembourg Investments
Head of Complaints Handling
16, boulevard Royal
L-2449 Luxembourg

The reasons for the complaint must be stated and the following documents submitted:

  • a detailed chronological summary of the facts leading to the complaint;
  • a declaration stating that you have not instituted court proceedings or appointed an arbitrator or other out-of-court complaints body in Luxembourg or elsewhere;
  • if someone is acting on your behalf, a document confirming their power to represent you;
  • a copy of your current passport or identity card and, where applicable, that of your representative;
  • a document proving that you are a shareholder (or former shareholder) and details of the position that you hold or held.

We will send you an acknowledgement of receipt within 10 business days of receiving your complaint.

We will provide an appropriate response to your complaint within one month of receipt of your complaint, except in exceptional valid circumstances. If you consider you have not received a satisfactory response, you have the right to submit your complaint directly to the Management of our company at the above-mentioned addresses or fax number or to the Commission de Surveillance du Secteur Financier (283, Route d'Arlon, L-1150 Luxembourg) within one year after the introduction of the initial complaint, in accordance with Regulation CSSF 16-07 of 26 October 2016 on the out-of-court resolution of complaints, published in Mémorial A, No. 228 on 11 November 2016 and available for download from the CSSF website:

* Memorial A No. 96 of 8 September 2000, p. 2175.

Engagement policy

In its capacity as an asset manager within the meaning of Directive 2017/828 of the European Parliament and of the Council of 17 May 2017, and in accordance with said directive, BLI – Banque de Luxembourg Investments has published an Engagement policy on its website describing the way in which it incorporates shareholder engagement into its investment strategy, which will be reviewed and updated as necessary. Information on the implementation of the engagement policy will be published at the end of the year in the form of a report for the period from the first of January of this year.

Whistleblowing system

The whistle-blowing system (hereinafter “the System”) is not intended to handle commercial complaints, which are dealt with under a separate process in accordance with the applicable regulations.

The System, which can be accessed from this page, allows you to report any irregularities that might cause the whistleblower to question whether legal and regulatory obligations, professional standards and the internal procedures arising therefrom within the relevant entity have been complied with, and to which, where applicable, the whistleblower does not consider that a satisfactory response has been provided.

Such reports can cover all areas: banking; finance; accounting; anti-bribery and corruption; protection against unfair competition; market abuse; environmental protection; human rights and freedoms; health, hygiene and safety, etc.

Depending on the subject, reports are handled confidentially by Human Resources or Compliance Contacts, in accordance with the regulations in force.

Whistleblowers are protected against the risk of reprisals by the local applicable legislation.

Anyone who misuses the System may be subject to penalties or prosecution. However, if the System is employed in good faith, the whistleblower will not risk any disciplinary measures, even if the facts subsequently prove inaccurate or do not give rise to any further action.

I hereby acknowledge that I have read and understood the information on BLI - Banque de Luxembourg Investments’ System and the protection of personal data.

How to make a report

Reports can be made confidentially via one of the following channels:

By email:

You can send us the form provided, marking it "strictly confidential" in the subject line:

By post:

You can send us the form provided by post, marking the envelope "strictly confidential”, to the following address:

Compliance - Whistle-Blowing System (strictly confidential)

Compliance Department

BLI - Banque de Luxembourg Investments – 16 Boulevard Royal L-2449 LUXEMBOURG